SEOUL, Jun. 4 (Korea Bizwire) – As the growth of budget mobile carriers persists in South Korea, SK Telecom, the nation’s largest mobile operator, has continued to lose overall market share. However, a new report shows the company still commands a significant portion of 5G subscriptions. According to a report evaluating the competitiveness of South Korea’s [...]
SEOUL, Jan. 10 (Korea Bizwire) – As the new year begins, Korea’s leading telecommunications companies are igniting competition by releasing a series of children-focused smartphones. On January 9, LG Uplus announced the launch of the Chunsik-i 2 phone, a child-friendly LTE smartphone designed for eye comfort. This 7th U+ Kids Phone model is based on the [...]
SEOUL, Dec. 26 (Korea Bizwire) – As the 2024 Consumer Electronics Show (CES) — the premier global event in IT and consumer electronics — draws near, the South Korean telecommunications sector is actively preparing to delve into fresh opportunities within the realms of artificial intelligence (AI) and mobility technology. On December 25, SK Telecom announced it [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea’s major mobile carrier SK Telecom Co. said Monday it has joined hands with Germany’s telecommunications company Deutsche Telekom in developing a telco-specific large language model (LLM). Under a letter of intent (LOI), the two companies plan to collaborate with leading artificial intelligence (AI) companies, including Anthropic and [...]
SEOUL, April 13 (Korea Bizwire) — While South Korea’s three big mobile carriers SK Telecom, KT and LG Uplus have trimmed weekly hours and are introducing various working arrangements for greater work-life balance, those on the front lines of the mobile industry are still struggling to do likewise. Double digit working hours are the norm, [...]
SEOUL, March 7 (Korea Bizwire) — Major South Korean telecom companies LG Uplus and SKT have revised their mobile phone plans to boost their user base, while KT has been rumored to follow suit. According to sources close to the industry on Tuesday, KT is expected to be the last among the three major mobile carriers [...]
DAEJEON, Jan. 18 (Korea Bizwire) — A new study suggests that mobile traffic in South Korea will increase tenfold over the next six years amid growing demand for high quality video streaming services. The Electronics and Telecommunications Research Institute (ETRI) announced on Wednesday a number of projections concerning telecom providers and data usage in the coming [...]
SEOUL, Jan. 18 (Korea Bizwire) — With the three major telecom operators SK Telecom, KT and LG Uplus closing the gap in affordable pricing for phones and rate plans since last September, South Korea’s mobile virtual network operators (MVNO) are increasingly losing customers while simultaneously failing to attract new users. Unlike the triumvirate of traditional [...]
SEOUL, Jan. 10 (Korea Bizwire) – Facebook Inc. is willing to negotiate with South Korea’s telecommunications providers over sharing the cost of maintaining the speed of its data traffic services, the company’s vice president said Wednesday. Since 2016, the U.S. social networking giant has been in dispute with SK Broadband Co. and LG Uplus after refusing to pay for a cache server that [...]
SEOUL, Dec. 27 (Korea Bizwire) – A new government report has revealed that South Korean LTE networks are significantly slower in rural areas compared to major cities. According to the network quality evaluation released by the Ministry of Science and ICT and the National Information Society Agency on Tuesday, network speeds in rural areas were estimated [...]